Brainhole Technology Limited (HKG:2203)

Hong Kong · Delayed Price · Currency is HKD

0.1210

+0.0010 (0.83%)

Sep 11, 2026, 2:00 PM HKT

Brainhole Technology Financials Overview

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	37.82	82.46	119.99	220.81	263.57	321.57
Revenue Growth	-54.13%	-31.28%	-45.66%	-16.22%	-18.04%	22.83%
Gross Profit	7.31	13.07	-6.45	27.63	48.54	54.11
Operating Income	-30.6	-37.72	-75.18	-32.37	-22.8	-34.1
Net Income	0.73	-34.53	-127.88	-34.12	-57.61	-51.55
Earnings Per Share	0.00	-0.04	-0.16	-0.04	-0.07	-0.06
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Broadband Infrastructure and Smart Domain	37.26	81.75	34.6	42.86	47.63	100.35
Semiconductor Business	-	0.71	85.4	-	-	-
Total	37.35	82.46	119.99	220.81	263.57	321.57

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	94.67	73.79	76.36	115.89	98.73	44.43
Total Debt	38.39	47.03	163.71	138.78	147.44	84.93
Net Cash (Debt)	56.28	26.76	-87.35	-22.9	-48.71	-40.5
Net Cash Growth	110.31%	-	-	-	-	-
Net Cash Per Share	0.07	0.03	-0.11	-0.03	-0.06	-0.05

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	10.8	-7.18	-38.96	32.17	-106.08	-0.54
Capital Expenditures	-0.4	-0.1	-0.48	-4.97	-7.84	-4.42
Free Cash Flow	10.4	-7.28	-39.44	27.2	-113.93	-4.96
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	19.32%	15.85%	-5.38%	12.51%	18.42%	16.83%
Operating Margin	-80.90%	-45.75%	-62.66%	-14.66%	-8.65%	-10.60%
Pretax Margin	-0.86%	-41.83%	-90.40%	-16.61%	-23.42%	-15.92%
Profit Margin	1.92%	-41.87%	-106.57%	-15.45%	-21.86%	-16.03%
FCF Margin	27.49%	-8.82%	-32.87%	12.32%	-43.22%	-1.54%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
P/FCF Ratio	9.31	-	-	2.74	-	-
PS Ratio	2.56	2.05	1.51	0.34	0.42	0.44